Treasury Seeks Surety License Updates from States
Published Date: 7/2/2025
Notice
Summary
The Treasury Department wants to make sure it’s collecting the right info about which states license surety companies. They’re asking the public and other agencies to share their thoughts to keep paperwork simple and clear. This helps everyone stay on the same page without extra hassle or cost.
No Economic Impacts Identified for this Document
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Key Dates
Department and Agencies
Related Federal Register Documents
2026-16725, Extension of a Currently Approved Information Collection: Annual Financial Statement of Surety Companies-Schedule F
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently the Bureau of the Fiscal Service within the Department of the Treasury is soliciting comments concerning the Annual Financial Statement of Surety Companies-Schedule F.
2026-16726, Extension of a Currently Approved Information Collection: Authorization Agreement for Preauthorized Payment (SF 5510)
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently the Bureau of the Fiscal Service within the Department of the Treasury is soliciting comments concerning the Standard Form 5510, "Authorization Agreement for Preauthorized Payment".
2026-13903, Prompt Payment Interest Rate; Contract Disputes Act
Starting July 1, 2026, the interest rate for late payments to businesses by government agencies is set at 4.75% per year until December 31, 2026. This means if the government pays late for goods or services, they owe extra money based on this rate. Businesses get paid interest automatically, even if they don’t ask for it, so everyone knows when and how much extra cash is due.
2026-13507, Extension of a Currently Approved Information Collection: Pools and Associations-Annual Letter
The Treasury Department is extending a paperwork form called the Pools and Associations Annual Letter, which helps insurance companies figure out their credit limits for reinsurance. About 84 businesses will spend around 1.5 hours each filling it out, with no new costs or big changes. Comments on this process are welcome until September 4, 2026, so everyone affected can have their say!
2026-13505, Extension of a Currently Approved Information Collection: TreasuryDirect System
The Treasury is extending its approval to keep collecting info through the TreasuryDirect System, which helps people open accounts and manage transactions online. This affects millions of individuals who use the system, with no big changes or extra costs, but they want your feedback by September 4, 2026. It’s all about making the process smoother and less of a hassle for everyone involved!
2026-13504, Extension of a Currently Approved Information Collection: Special Form of Request for Payment of US Savings and Retirement Securities Where Use of a Detached Request Is Authorized
The Treasury is extending the use of a special form that helps people request payment for U.S. Savings and Retirement Securities, like bonds and notes. This affects individuals handling these securities, including owners, beneficiaries, or legal reps. No big changes or costs are coming, but comments on the form are open until September 4, 2026.
Previous / Next Documents
Previous: 2025-12351, Dominion Energy South Carolina, Inc.; Virgil C. Summer Nuclear Station, Unit 1; Subsequent License Renewal and Record of Decision
Dominion Energy South Carolina just got the green light to keep running the Virgil C. Summer Nuclear Station, Unit 1 for even longer! This means the plant can safely operate beyond its original timeline, helping provide steady energy without interruptions. No big cost changes for customers, and the license renewal keeps the power flowing smoothly.
Next: 2025-12355, Proposed Collection of Information: Request by Owner or Person Entitled to Payment or Reissue of United States Savings Bonds/Notes Deposited in Safekeeping When Original Custody Receipts Are Not Available
If you own U.S. Savings Bonds or Notes kept safe but lost the original receipt, this proposal makes it easier to request payment or reissue. It affects bond owners and aims to simplify the paperwork process without extra costs or delays. The Treasury wants your feedback to keep things smooth and hassle-free!